NOT LISTED FOR SALE

1700 Minsteed Rd Newark, NY 14513

Estimated Value: $232,000 - $244,409

4 Beds
4 Baths
3,656 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $96,000 $26 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,688/month

270 Days on Market

Highlights

  • 14.89 Acre Lot
  • Balcony
  • Ceiling Fan
  • Deck
  • Shed
  • Baseboard Heating

About This Home

As of April 2016

Very unique and hard to find multifamily with a country location yet very close to the village. 3 apartment units and a 4th unit that is a large garage with office and bathroom. Nice large apartments each at about 1,000 square feet in size. Newer construction so very easy maintenance. Large storage shed split into 3 sections so the tenants have extra storage space. Laundry hookups in each apartment assists with attracting tenants. Rents currently below market and it still makes money. Come take a look!

Last Agent to Sell the Property

David Doebler

Listing by Doebler Realty, LLC License #10491208945 Listed on: 05/28/2015

Last Buyer's Agent

Jacquline Van Halle

Listing by Howard Hanna License #10401213145

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1989

Lot Details

  • 14.89 Acre Lot
  • Lot Dimensions are 285 x 441

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 3,656 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes garage, grounds maintenance, lawn maintenance, snow removal, water
  • Assessor Parcel Number 542089-068-111-0000-354-929-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • Operating Expense $2,400
  • Gross Income $20,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 26
  • Annual Operating Expenses: 2400
  • NY Swis Code: Arcadia-542089
  • Total Assessed Value: 80000
  • Gross Annual Income: 20280
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 285
  • Lot Dimension Front: 441
  • Lot Information: Rural Road
  • L P Per Acre: 6682.3371
  • List Price per Sq Ft: 27.2155
  • Nearest Cross Street: Hydesville Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 6447.28
  • Ratio Close Price By Sq Ft: 26.26
  • Ratio List Price By Acres: 6682.34
  • Ratio List Price By Sq Ft: 27.22
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Rent Includes: Garage, Grounds Maintenance, Lawn Maintenance, Snow Removal, Water
  • School Tax: 1723
  • Sale Price List Price: 0.9648
  • S P Per Acre: 6447.2801
  • S P Per Sq Ft: 26.2600
  • Sub Board Code: Rochester
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 99500.00
  • Year Built Description: Existing
  • Age of Building: 33
  • Year Built: 1989
  • Directions To Property: Rt 31 to Rt 88 north then left on Hydesville Rd then right onto Minsteed Rd
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher
  • Number of Rooms: 13
  • Total Sq Ft: 3656

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Deck, Garage Door Opener
  • Number of Acres: 14.8900

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Baseboard, Baseboard Heat-Some, Hot Water
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Newark

Lot Info

  • Parcel Number: 542089-068-111-0000-354-929-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3356

MLS Schools

  • School District Name: Newark

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $96,000 -37.3% $26 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
05/28/2015 05/28/15 For Sale $153,000 -- $42 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,114 $249,000 $23,400 $225,600
2023 $5,114 $77,400 $16,400 $61,000
2022 $3,649 $77,400 $16,400 $61,000
2021 $3,603 $77,400 $16,400 $61,000
2020 $3,461 $77,400 $16,400 $61,000
2019 $3,427 $77,400 $16,400 $61,000
2018 $3,273 $77,400 $16,400 $61,000
2017 $3,300 $77,400 $16,400 $61,000
2016 $3,362 $77,400 $16,400 $61,000
Source: Public Records

Agents Affiliated with this Home

  • David Doebler

    Seller's Agent in 2016

    David Doebler

    Doebler Realty, LLC

    (315) 573-4999

    75 in this area

    126 Total Sales

    David Doebler
    Section Image

  • J

    Buyer's Agent in 2016

    Jacquline Van Halle

    Howard Hanna

See All Agents

Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R274490

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542089-068-111-0000-354-929-0000

New York Wayne County Newark 14513

1700 Minsteed Rd, Newark, NY

This home is located at 1700 Minsteed Rd, Newark, NY 14513 since 28 May 2015 and is currently estimated at $236,852, approximately $64 per square foot. This property was built in 1989. 1700 Minsteed Rd is a home located in Wayne County with nearby schools including Norman R. Kelley Intermediate School, Newark Middle School, and Newark Senior High School.

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